TMI BlogDisqualifications of directors.X X X X Extracts X X X X X X X X Extracts X X X X ..... is in force; (b) he is an undischarged insolvent; (c) he has applied to be adjudicated as an insolvent and his application is pending; (d) he has been convicted by a Court [1] [* * *] of any offence involving moral turpitude and sentenced in respect thereof to imprisonment for not less than six months, and a period of five years has not elapsed from the date of expiry of t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... redeem its debentures on due date or pay dividend and such failure continues for one year or more: Provided that such person shall not be eligible to be appointed as a director of any other public company for a period of five years from the date on which such public company in which he is a director failed to file annual accounts and annual returns under sub-clause (A) or has failed to repay i ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... "in India" omitted by the Companies (Amendment) Act, 1960, Act 65 of 1960, section 93. [2] Inserted by the Companies (Amendment) Act, 2000, w.e.f. 13-12-2000. [ See Companies (Disqualification of Directors under section 274(1)(g) of the Companies (Act, 1956) See Notification No. GSR 829(E), dated 21-10-2003. ]. [3] Clause not applicable to government companies. [Notification No. 829(E) ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
